Aftermath of Trump Victory

IndianHawk

Senior Member
Joined
Sep 24, 2016
Messages
9,058
Likes
37,675
Country flag
Apple is not popular in India too, and with the inflated price tag that their products come with in India, its an uphill task for Apple to reach Samsung levels.. So until Apple really moves its assembly line here and reduces prices(which it doesnt want to), apple will not have rosy growth as Samsung or other Asian manuf giants. Its an uphill task for them. American cars dont sell well in India. Hence their manufacturers have abandoned plans on expanding existing plants. IT sector is already seeing reduced business from US. The pressure on it is only going to increase more. Republicans are going to twist more India's arm to screw herself in Retail, Pharma , Insurance , Legal, environment etc sectors. US is not going to fight China for India. It wants to use India to extract more China. Remember G-2 is something which US proposed.
So dont expect miracles in Indian US relationships. Be vary, very vary on what India gives away to them.
Apple was just an example of American corporate struggle in china.

Democrats were twisting our arm already.
On solar panels they took us to WTO.
So bar for Republicans is pretty low.

USA will not fight china for India absolutely agree but USA will fight china.
China has no reason to cut any concessions to USA economically or otherwise .

There is no G2 and Americans know it
First Chinese supremacy in Asia depends on acceptance by India Japan Vietnam etc.
That is not gonna happen no matter what USA does

Second accepting G2 is to accept the end of America as a superpower, they would rather live in denial. That's just human nature.
 

Project Dharma

meh
Senior Member
Joined
Oct 4, 2016
Messages
4,836
Likes
10,863
Country flag
One issue that I'm not seeing mentioned here and is a huge deal for me personally is climate change. Trump has promised to back out of the Paris accord and wants to support coal and gas industries.
 

alphacentury

Senior Member
Joined
Nov 1, 2013
Messages
1,348
Likes
2,850
Country flag



OT: Request for Mods, why is every thread being filled with unnecessary YT videos. Those who want it can go to YT to browse and watch. From 'chit chat' to every thread is flooded with videos. Its already difficult to go through all posts with scarce time.
 

airtel

Senior Member
Joined
Dec 25, 2015
Messages
3,430
Likes
7,815
Country flag
A dismal day for human rights in the US
While Trump's presidency might be more isolationist on foreign policy, it will be disastrous for human rights at home.

( ^^ Al Jazeera talking about Human rights :pound::pound::pound::pound::pound::pound:)


Trump supporters celebrate as election results come in before the rally for Republican US presidential nominee Donald Trump in New York, November 8 [Reuters]

By
Lauren Carasik



Lauren Carasik is the Director of the International Human Rights Clinic at Western New England University School of Law.

Despite tightening polls in the days leading up to the US presidential election, many believed that Hillary Clinton would eke out a victory, in part because she had been consistently ahead in predictions, and in part because the alternative was an unthinkable descent into fascism and hatred. :rofl::rofl::rofl::rofl::rofl:

In the end, voters embraced Donald Trump's intolerance and vitriol, in a campaign that edged political discourse into a mockery of truth, civility and substance. His presidency will be a catastrophe for human rights and the rule of law.:rotfl::rotfl::rotfl::rotfl:

Trump denigrated African Americans as monolithic denizens of inner city bedlam, demonised immigrants and Muslims, mocked a man with disabilities and degraded women.



He turned unbounded greed into a virtue, elevated for-profit business to a governance model, and threatened to sue his critics.

His bellicose language translated into behaviour in a climate of increased bullying in schools against populations he targeted and a surge in hate crimes against Muslims.

A black church in Mississippi was burned , with "Vote Trump" inscribed on the wall, and Trump fans called for Clinton's incarceration and even execution.

'Make America hate again'
The first presidential election held since a 2013 Supreme Court decision gutted the Voting Rights Act occurred amid alarming efforts to suppress votes among those most likely to cast democratic ballots.

Yet Trump continued to stoke fears of a rigged election, and issued dog-whistle calls to monitor polls in urban areas , raising the prospect of voter intimidation. His unfounded claims of voter fraud were intended as a bulwark against the humiliation of defeat.

Yet, there are real threats to democracy that went unaddressed, including the influx of money into politics that uphold the interests of the 1 percent and a craven media that failed miserably to hold him to any standard of veracity.

He will now govern a bitterly divided country that has completely lost sight of its founding ideals, exacerbate its existing troubles, and imperil its very democracy.



Trump positioned himself as an authentic, anti-establishment candidate who can "Make America great again", but as critics grimly joked, the more honest slogan was to "Make America hate again".

His victory has caused panic for many vulnerable groups: Muslims, African Americans, LGBTI people, women, immigrants and others in the US petrified of the fallout from the nationalism, xenophobia, misogyny and racism that he has unleashed.:smash::smash::smash::smash:

He will now govern a bitterly divided country that has completely lost sight of its founding ideals, exacerbate its existing troubles and imperil its very democracy.

Economic and social inequality will continue to subvert the American dream and racial tensions will grow worse. Trump was never the outsider who could fix the nation. It was former democratic presidential candidate Bernie Sanders who represented the opportunity to uproot the status quo by confronting crony capitalism and the institutions that entrench it.

For some with a more global view, Trump's victory presents some solace. Clinton is generally viewed as more of a hawk than Trump. She supported the Iraq war, which provoked a humanitarian catastrophe and is partially responsible for the rise of the Islamic State of Iraq and the Levant (ISIL), promoted regime change in Libya to disastrous effect, and has called for a no-fly zone in Syria, which could lead to more serious confrontation with Russia.



Her Latin American policies have been dismal. Some leftists feared a Clinton presidency would continue to project its military might and economic priorities across the globe, engage in endless war, and undermine, not advance, human rights in places like Honduras and Haiti.

As they are right to note, the human rights of those living outside the US also matter. Hawkish international policies have domestic implications as well: costly military entanglements deplete coffers that could be used instead to fill the gaping shortages in funding for job creation, education, healthcare, infrastructure and reducing reliance on fossil fuels.

What will become of America?
But though he espouses a more isolationist foreign policy, Trump's vindictiveness, impulsivity and incoherence make it hard to fathom how people feel safe entrusting him with the nuclear codes or with stewardship of a planet imperilled by the climate change he denies.

OPINION: The US is not a post-racial society

Under Trump, the US will probably continue to fall short of international human rights ideals. He has evinced his hostility to even the small number of Syrian refugees admitted to the US, suggesting that the desperate families fleeing the same extremist terrorism from which he wants to keep American safe pose a danger to us instead, and has threatened to Muslims from entering the country.



Trump seems likely to continue the use of drones for extrajudicial assassination despite civilian casualties: in fact, he once said the families of terrorists should be targeted as well.:hmm::hmm::hmm::hmm:

He has called for the waterboarding of terrorists, despite its lack of efficacy and illegality, and said that Guantanamo Bay prison will be expanded under his watch, where even US citizens could be tried and held.

Many Americans will start their new day in a state of shock and despair, fearing what will become of their country.

The US does not always live up to its vaunted ideals, but a Trump presidency will trample them altogether. Those who believe in a more just and equitable world will have their work cut out for them.

Lauren Carasik is a clinical professor of law and the Director of the International Human Rights Clinic at Western New England University School of Law.

The views expressed in this article are the author's own and do not necessarily reflect Al Jazeera's editorial policy.

http://www.aljazeera.com/indepth/opinion/2016/11/dismal-day-human-rights-161109050745872.html
 

airtel

Senior Member
Joined
Dec 25, 2015
Messages
3,430
Likes
7,815
Country flag
Donald Trump: The Islamophobia president

A March 2016 poll showed that 51 percent of Americans support a Muslim ban [Reuters]

By
Khaled A Beydoun

@KhaledBeydoun

Khaled A Beydoun is an associate professor of law at the University of Detroit Mercy School of Law.

Islamophobia won resoundingly tonight. Instead of the first female president, the United States got its first Islamophobia president.:hehe::hehe::hehe::hehe:

From start to finish, the 2016 presidential election vividly revealed that Islamophobia is alive, and potent and politically resonant as ever. Scapegoating Islam and vilifying Muslims was far more than merely campaign messaging; for Donald Trump it was a winning strategy.

Trump's full-blown Islamophobia resonated deeply with voters. Moreover, it mobilised more than just a fringe or rabid demographic, but a sizable segment of the American polity to cast votes in his favour.

:rotfl::rotfl::rotfl::rotfl::rotfl:

It helped him carry Ohio, Florida, North Carolina, and virtually every battleground state.

Long before election night, earlier numbers indicated that Trump's deployment of Islamophobia as a primary campaign strategy would pay dividends and register votes.

An NBC poll conducted in December 2015 found that 25 percent of Americans supported Trump's Muslim ban. A March 2016 poll indicated greater support, with 51 percent favouring Trump's Ban " until our country's representatives can figure out what is going on".

Trump interpreted these staggering figures, which rose as the campaign progressed, as strong support for his Islamophobia campaign.

Trump will bring an administration that is entirely devoid of Muslim Americans and at minimum, individuals without genuine reach into or backing from Muslim Americans. His campaign lacked any bona fide Muslim American involvement, and the Trump administration will likely reflect that.



He delivered what the market demanded, and doubled down on his anti-Muslim rhetoric. He fed the Islamophobia his loud and angry base demanded, and as indicated by election results, a sizable portion of the silent, white majority.

Trump won because he was willing to deliver Islamophobia in the blatant and brazen terms his Republican peers and predecessors would not fully commit to.

Instead of adopting George W Bush's or Mitt Romney's cautious Islamophobia, or Barack Obama or Hillary Clinton's exclusive mention of Muslims from the lens of national security policy - Trump went all the way. :fyeah::fyeah::fyeah:

He stripped any mitigating rhetoric, aimed to placate liberals and moderates, from his message. He did away with staple qualifiers like "peace loving" and "moderate" when talking about Muslims.

In fact, Trump swept aside every political platitude and carefully crafted talking point for a blatantly hateful grassroots framing.

Instead of "Islam is peace", Trump declared that, "Islam hates us":cowboy::cowboy::cowboy::cowboy:, giving disaffected bigoted voters exactly what they wanted.:grin::grin::grin::grin::grin:



He embraced the hateful language of Quran-burning rallies, anti-mosque protests, and perhaps most violently, the ugly underbelly that is the comments' sections of news articles. Trump sounded more like the Islamophobes on-the-ground torching mosques, instead of Islamophobes in political offices supporting surveillance of mosques.:bounce::bounce::bounce::bounce::bounce:

This presidential campaign foreshadows what is sure to follow. Hate crimes against Muslims rose considerably in 2015 and statistics show a similar trend in 2016. If a Trump presidential campaign resulted in an unprecedented number of hate crimes against Muslims, one can only imagine what a Trump presidency will bring. :shoot::shoot::shoot::shoot:

It will bring an expanded surveillance state, where counter-radicalisation policing in Muslim communities will be more pervasive and far-reaching. This will make it far more difficult for Muslims to freely exercise their faith, and the most benign symbols of Muslim identity will trigger suspicion.

It will bring in "extreme vetting" of Muslim immigrants, and very likely, entirely bar the entry of refugees from war-torn states. Therefore, even if a fully-fledged Muslim ban is not enacted - sweeping, strident policies impairing legal admission of Muslim immigrants will be law.

OPINION: The US is not a post-racial society

It will bring an administration that is entirely devoid of Muslim Americans and at minimum, individuals without genuine reach into or backing from Muslim Americans. The Trump campaign lacked any bona fide Muslim American involvement, and the Trump administration will likely reflect that.

Most alarmingly, it will usher in a cultural movement (and moment) whereby the highest office in government authorises discrimination and violence against Muslim Americans. If the president of the US is the very archetype and orchestrator of Islamophobia, then assailing Muslims, torching mosques, and attacking anybody who looks Muslim is fair game.


What seemed a far-fetched idea is in fact America's reckoning. The absurd is reality. Islamophobia is no longer campaign messaging or strategy, but come January, formal, full-blown White House policy.

I watched the election night returns alongside 200 Muslim Americans in Dearborn, Michigan - the most concentrated Muslim American community in the country.

Fear was palpable. Adults cried. Young people led prayers. What loomed tomorrow was bleak, and the wedge between Muslim and American seemed never stronger.

Enter Donald Trump, American President. Brace yourselves, Muslim Americans.

Khaled A Beydoun is an Associate Law Professor at the University of Detroit Mercy School of Law. He is also Affiliated Faculty at the University of California-Berkeley.

The views expressed in this article are the author's own and do not necessarily reflect Al Jazeera's editorial policy.


http://www.aljazeera.com/indepth/op...p-islamophobia-president-161109065355945.html


Zaid Hamid-Best ComedianSo Saudi.jpg
 

airtel

Senior Member
Joined
Dec 25, 2015
Messages
3,430
Likes
7,815
Country flag
Trump's victory could intensify global Muslim extremism, terror experts warn
Nyshka Chandran | @nyshkac
Thu, 10 Nov '16 | 6:16 PM ETCNBC.com

Play Video

Donald Trump's shock election victory has enraged Muslim militant groups around the world, and may fan the flames of global terrorism.

The Republican's aggressive anti-Muslim rhetoric, which has included proposing an outright ban on Muslims entering the U.S. and a wish for all Muslims to register in a national database, has provided ample fodder for Islamist extremists. On Wednesday, several groups declared Trump's win was proof of a U.S. war on Islam, counterterrorism research group SITE Intelligence flagged in a post on its website.

Jihadists used social media to warn that having Trump in the White House would unite the mujahideen, SITE director Rita Katz tweeted, with supporters of Al Qaeda (AQ) and the Islamic State (IS) saying the billionaire's election exposed America's hatred of Muslims and would contribute to America's downfall.

Southeast Asia may be at particular risk from Trump's inflammatory comments.

Indonesia and Malaysia are not only home to the world's largest Muslim-majority populations—each also has local militant networks that sympathize with IS' agenda, so a Trump administration could intensify the efforts of those groups.


Mohammed Elshamy | Anadolu Agency | Getty Images
Protestors gather outside Trump Tower in New York during a protest against President-elect Donald Trump on November 9, 2016.
"They [terror organizations] are good at taking events from one side of the world and using that to incite passion on the other side, which may play out in Indonesia and Malaysia." explained Greg Barton, chair in global Islamic politics at Australia's Deakin University. "There's a real danger we'll see right-wing bigots in the U.S. seize the chance to do nasty things, which will be picked up by jihadi propaganda as evidence that the West is at war with the Muslim world."

In his congratulatory message to the tycoon, Indonesian President Joko Widodo said he hoped Washington would continue to work with Jakarta to "build peace and prosperity for the world." But in June, the country's Vice President Jusuf Kalla told Reuters that his government was "not happy with Trump's opinions" and warned that religious discrimination in the U.S. could prompt retaliatory policies from other countries.

"Trump's continued anti-Muslim rhetoric will definitely feed into the already deep-seated distrust of the West by the Muslim conservatives in the region. Depending on his policies in the Middle-East, it will drive even more radicalization and terrorism activities," Asrul Hadi Abdullah Sani, a Malaysia-focused analyst at BowerGroupAsia, warned.

But some believed the expectation of violence as a result of Trump's victory alone was unrealistic.

Terrorist groups operate on a range of ideologies, which include not just anti-Western beliefs but also anti-democracy and anti-government views, Jacinta Carroll, head of the counterterrorism policy center at the Australian Strategic Policy Institute, said. "These positions are already held as part of the central tenets of these groups and are unlikely to be affected by statements made by President-Elect Trump."


Play Video

Still, networks were likely to continue to use selected statements from the billionaire as a means to provide inspiration and justification for their cause, just as they selectively quoted from religious leaders, she continued.

On the bright side
Many were careful to note that Trump's anti-Muslim talk on the campaign trail may not necessarily turn into action once he enters office.

"Now that the election season is over, I expect Trump to return to the center...Despite his previous comments, Trump and his team knows that he needs to show that he is a president for all Americans and not a certain segment. Now that he is president, it is no longer about slogans but geopolitical realities," BowerGroupAsia's Sani explained.

Indeed, many have pointed out that because global forecasting on Trump's chances of victory were wrong, the world must be cautious in predicting his policies going forward.

Reports already emerged late on Wednesday that references to a ban on Muslims were removed from the president-elect's website, a move that could suggest a toned-down outlook.

That would lend credence to the views of many political pundits, who have long warned that Trump's controversial views were merely a public-relations stunt and that he would pursue more moderate policies once taking office.

"It is highly unlikely that Trump will continue to make the kind of statements he had previously made on Muslims, now that he is approaching office and responsibility to govern for all Americans," said Carroll.

But it may be too late for a moderate stance on Islam from America's new president, because Trump effectively "let the genie out of the bottle" during his campaign, suggested Barton.
 

Brood Father

Senior Member
Joined
Jun 27, 2015
Messages
3,818
Likes
15,318
Country flag
Trump's victory could intensify global Muslim extremism, terror experts warn
Nyshka Chandran | @nyshkac
Thu, 10 Nov '16 | 6:16 PM ETCNBC.com

Play Video

Donald Trump's shock election victory has enraged Muslim militant groups around the world, and may fan the flames of global terrorism.

The Republican's aggressive anti-Muslim rhetoric, which has included proposing an outright ban on Muslims entering the U.S. and a wish for all Muslims to register in a national database, has provided ample fodder for Islamist extremists. On Wednesday, several groups declared Trump's win was proof of a U.S. war on Islam, counterterrorism research group SITE Intelligence flagged in a post on its website.

Jihadists used social media to warn that having Trump in the White House would unite the mujahideen, SITE director Rita Katz tweeted, with supporters of Al Qaeda (AQ) and the Islamic State (IS) saying the billionaire's election exposed America's hatred of Muslims and would contribute to America's downfall.

Southeast Asia may be at particular risk from Trump's inflammatory comments.

Indonesia and Malaysia are not only home to the world's largest Muslim-majority populations—each also has local militant networks that sympathize with IS' agenda, so a Trump administration could intensify the efforts of those groups.


Mohammed Elshamy | Anadolu Agency | Getty Images
Protestors gather outside Trump Tower in New York during a protest against President-elect Donald Trump on November 9, 2016.
"They [terror organizations] are good at taking events from one side of the world and using that to incite passion on the other side, which may play out in Indonesia and Malaysia." explained Greg Barton, chair in global Islamic politics at Australia's Deakin University. "There's a real danger we'll see right-wing bigots in the U.S. seize the chance to do nasty things, which will be picked up by jihadi propaganda as evidence that the West is at war with the Muslim world."

In his congratulatory message to the tycoon, Indonesian President Joko Widodo said he hoped Washington would continue to work with Jakarta to "build peace and prosperity for the world." But in June, the country's Vice President Jusuf Kalla told Reuters that his government was "not happy with Trump's opinions" and warned that religious discrimination in the U.S. could prompt retaliatory policies from other countries.

"Trump's continued anti-Muslim rhetoric will definitely feed into the already deep-seated distrust of the West by the Muslim conservatives in the region. Depending on his policies in the Middle-East, it will drive even more radicalization and terrorism activities," Asrul Hadi Abdullah Sani, a Malaysia-focused analyst at BowerGroupAsia, warned.

But some believed the expectation of violence as a result of Trump's victory alone was unrealistic.

Terrorist groups operate on a range of ideologies, which include not just anti-Western beliefs but also anti-democracy and anti-government views, Jacinta Carroll, head of the counterterrorism policy center at the Australian Strategic Policy Institute, said. "These positions are already held as part of the central tenets of these groups and are unlikely to be affected by statements made by President-Elect Trump."


Play Video

Still, networks were likely to continue to use selected statements from the billionaire as a means to provide inspiration and justification for their cause, just as they selectively quoted from religious leaders, she continued.

On the bright side
Many were careful to note that Trump's anti-Muslim talk on the campaign trail may not necessarily turn into action once he enters office.

"Now that the election season is over, I expect Trump to return to the center...Despite his previous comments, Trump and his team knows that he needs to show that he is a president for all Americans and not a certain segment. Now that he is president, it is no longer about slogans but geopolitical realities," BowerGroupAsia's Sani explained.

Indeed, many have pointed out that because global forecasting on Trump's chances of victory were wrong, the world must be cautious in predicting his policies going forward.

Reports already emerged late on Wednesday that references to a ban on Muslims were removed from the president-elect's website, a move that could suggest a toned-down outlook.

That would lend credence to the views of many political pundits, who have long warned that Trump's controversial views were merely a public-relations stunt and that he would pursue more moderate policies once taking office.

"It is highly unlikely that Trump will continue to make the kind of statements he had previously made on Muslims, now that he is approaching office and responsibility to govern for all Americans," said Carroll.

But it may be too late for a moderate stance on Islam from America's new president, because Trump effectively "let the genie out of the bottle" during his campaign, suggested Barton.
Haan BC ...ye mulle kee hee problem hai....anything good happening in this world is the problem of fucking good for nothing muslims .
I hate trump but I loathe muslims ... ..finally muslims are tasting their own medicine...
They will be deported they will be sent to back to the shitholes from where they fucking origininated
#letsmakeworldgreatagain
 

Razor

STABLE GENIUS
Senior Member
Joined
Feb 7, 2011
Messages
7,701
Likes
9,101
Country flag
@Razor, yes, he gets support from a lot of these problem groups.

Now, KKK will hold a rally in North Carolina to honour Trump. These do have such rallies which are usually peaceful, and these are covered under the 1st Amendment. An Indian friend of mine once went to one of these rallies. It was just a congregation of people who adhere to KKK, but involved speeches and a march, and nothing more. Of course, you have cops in case something goes out of hand.

On the other hand, there are a lot of anti-Semitic sentiments that I see associated with the Trump victory. The issue here is, Trump's son-in-law is Jewish and wield considerable influence over the Trump campaign. So, I don't think one could blame Trump for any group extending support to him. Also, a group, no matter whatever ideology it has, might support Trump based on certain policies, which are not related to any type of violence or hatred at all.

For example, we don't have to endorse Adolf Hitler, but do we have any reason to hate VolksWagen?
I did not say that Trump is racist or sexist. He is liar and was caught lying on some occasions. But that is natural trait of american politicians. In fact for all his flaws I probably would have voted for Trump if I were a US citizen.
 
Last edited:

Darth Malgus

Senior Member
Joined
Aug 24, 2016
Messages
2,438
Likes
8,782
Country flag


Enjoy.................................................. From Smug, condescending happy folks, they end up getting devastated :devil:
 
Last edited:

Darth Malgus

Senior Member
Joined
Aug 24, 2016
Messages
2,438
Likes
8,782
Country flag
bp5827da0b.png
ub5827da0c.png


Looks like the America has a JNU Jhollachaps twice as worse in every state...
 

pmaitra

Senior Member
Joined
Mar 10, 2009
Messages
33,262
Likes
19,598
Going over the past several posts, it appears that what was meant to be a thread on Hillary supporters crying, has become a thread about diet, and lots of other things, which are unrelated.

So, to the plaintiff expecting some action, I think I will let it slide if people post about diet.
 

pmaitra

Senior Member
Joined
Mar 10, 2009
Messages
33,262
Likes
19,598
Folks, this is fun. See from both their perspectives:

Alex Jones And Roger Stone Interrupt The Young Turks Republican National Convention Coverage

Young Turks Flip Out On Alex Jones
 

airtel

Senior Member
Joined
Dec 25, 2015
Messages
3,430
Likes
7,815
Country flag
Saudi Arabia warns Trump against banning oil imports
by Matt Egan @mattmegan5 November 16, 2016: 3:09 PM ET

Cheap oil pushes Saudi Arabia into further budget cuts
Saudi Arabia is cautioning President-elect Donald Trump against carrying out a threat to cut off American purchases of the kingdom's oil.
Trump made the threat earlier this year, saying that if elected he might halt imports of oil from Saudi Arabia and other Arab countries if they don't commit ground troops to fight ISIS, or at least reimburse the U.S. for efforts to battle the terror group.

"Without us, Saudi Arabia wouldn't exist for very long," Trump told The New York Times in March.

Trump later said in a major energy speech that he would bring about "complete American energy independence" from "our foes and the oil cartels."

Now that Trump has won the White House, that threat carries more weight.

Saudi energy minister Khalid al-Falih warned this week that banning oil from his kingdom could backfire.

"At his heart, President-elect Trump will see the benefits and I think the oil industry will also be advising him accordingly that blocking trade in any product is not healthy," Falih told the Financial Times.

The powerful Saudi minister added that "energy is the lifeblood of the global economy" and the U.S. "benefits more than anybody else from global free trade."

The Saudi embassy in Washington did not immediately respond to a request for further comment.



Jason Bordoff, a professor at Columbia University and former Obama energy adviser, told CNNMoney it is "not practical" to ban the import of oil from any particular country to the U.S. in today's integrated, global oil market.

Further, Bordoff warned that banning imports from a specific country risks disrupting diplomatic and commercial relationships and would "violate the longstanding U.S. commitment to free and open energy markets."

Despite soaring production amidst the shale oil boom, America still relies on a ton of crude from OPEC to feed its massive economy.

The U.S. imported 3.4 million barrels of OPEC oil each day in August, according to the most recent statistics from the U.S. Energy Information Administration. Nearly one-third of that OPEC oil -- roughly 1.1 million barrels -- flows from Saudi Arabia, the leader of the cartel. That makes Saudi Arabia the second-biggest exporter of oil to the U.S., behind only Canada.

America's demand for OPEC oil has fallen though, thanks to the rise in domestic production in states like North Dakota, Texas and Colorado. The U.S. had imported 1.6 million barrels of Saudi oil as recently as April 2014, according to the EIA.

"We needed oil desperately years ago," Trump told the Times in the same March interview. "Today, because of new technologies...there's a tremendous glut on the market."

In the past, OPEC would help ease such a supply glut by pumping less. But OPEC has been reluctant to cut output out of fear of ceding more market share to the U.S. In fact, OPEC has actually ramped up production.

Falih, the Saudi energy minister, is waiting to see what Trump actually does on this front once he takes office. He said some of Trump's campaign rhetoric amounted to "50,000 feet announcements" that could change.

"It is common that once presidents start governing then a lot more substance comes out," Falih said, according to the FT.

http://money.cnn.com/2016/11/16/inv...-imports-opec0601AMVODtopLink&linkId=31253393
 

A chauhan

"अहिंसा परमो धर्मः धर्म हिंसा तथैव च: l"
Senior Member
Joined
Oct 10, 2009
Messages
9,532
Likes
22,570
Country flag
Hillary might have proved a better administrator but she was a "status quo", though I too would have voted Trump, yet I think that Americans have given "Bandar ke haath me talvaar".

Modi is Modi since he had 12 years of administrative experience, while Trump has none.
 

Latest Replies

Global Defence

New threads

Articles

Top